- The SPY is one of the most heavily traded ETFs on the market, providing a ton of liquidity which helps make it easier to buy and sell options.
- The SPY tracks the S&P 500 index, which means it gives you exposure to the top 500 companies in the USA. It’s like having a little piece of all the best!
- The options on SPY are relatively simple to understand which is why I love to teach them to newer members. Just basic calls and basic put options ideas off the most liquid ETF out there.
- The options on SPY have expiration dates that are very basic which makes it easy to plan and execute trades.
- SPY 8:45 AM morning “Trade of the Day” blueprint – This is an in-depth email which explains pre market conditions, European market movement, key data points for the day and technical analysis for the SPY.
- Live audio and video chat room accessible from your smartphone – I’ll work daily from 9am to 11am to guide you through my thinking process of why I think markets will go up or down. I’ll also share my single highest conviction trade with you right at the market open.
- Educational video library designed to help you master the fundamentals of options trading
- Real-time, real-money trading from me – Now includes me “Advanced Notice” buy and sell alerts (You get a chance to see MY trades BEFORE I even take them for a complete learning experience!)
- Interact with thousands of other “like minded” traders in our Market Masters chat room.
When SPY is in a lower low and lower high pattern, like we have seen since early April to now, I like to play puts. If SPY falls relatively quickly then I have a nice shot at making a winning trade. Personally, I like to buy puts when the price action makes a new low, lower than the previous low and then sell the puts into the new drop in price.
